93351
Trade With Iraq Grows 28%
Economy, Domestic Economy
Tuesday, September 11, 2018

Iran's Trade With Iraq Grows 28%

Iran traded 6.39 million tons of non-oil commodities worth $3.43 billion with Iraq during the first five months of the current fiscal year (March 21-Aug. 22). This marks a 16.32% and 28.2% growth in tonnage and value respectively compared with last year’s corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show. Iran’s exports to Iraq stood at 6.36 million tons worth $3.41 billion, up 17.20% and 29.35% in tonnage and value respectively year-on-year.  Iraq was Iran’s third major export destination during the period. Iran mainly exported mineral products, hydrocarbon and evaporative coolers to Iraq during the five-month period. Iraq exported 33,441 million tons of goods worth $16.15 million to Iran, down 52.01% and 55.53% in tonnage and value respectively YOY. Iraq was the 48th exporter of goods to Iran over the five months. The imports mainly included low-density oil, cellphones and aluminum.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/GuFZ1D
09/11/2018
  1. https://goo.gl/ZqSEmS
  • https://goo.gl/tRkJ2P
  • https://goo.gl/f3Mgiu
  • https://goo.gl/ryK54z
  • https://goo.gl/HV2iyQ

You can also read ...

Currency, Gold at New High in Tehran Market
The foreign exchange market heated up again on Monday to post...
Gov’t to Issue Bonds to Pay Back Loans on Iran Air ATR Planes
The government’s Economic Council last week approved a...
Iranian Ministry of Industries, Mining and Trade has released...
Iran: Summer Sees Highest Inflation on Record
The consumer price index increased from 116.2 to 134.6 or...
Iranian Private Carmaker Increases Prices 55%
Iran’s largest private automaker Modiran Vehicle Manufacturing...
Tehran Stocks Rally, Incline Toward Export Sector
Tehran Stock Exchange set a fresh record high on Monday as...
Iran Steel Exports Rise  27% to Over 4m Tons: ISPA (Mar-Aug, 2018)
A total of 4.13 million tons of finished and semi-finished...
Iranian Banks Lend $16.8 Billion in 5 Months
Banks and credit institutions allocated 2.4 quadrillion rials...

Add new comment

Trending

Googleplus